Letter to the Editor: Let's Call it a "Housing Recovery"
A local realtor tells us why it'll be a very long time before the housing market will "bubble" again.
Dear Editor, The article addressing the housing market with Danielle Mazza was flawed from the title on. It will be a VERY long time before the word "bubble" and "real estate" go together again. The appropriate title would have been "Housing Recovery." Danielle Mazza, quoted in the post, is one of our stellar new agents. She truly has seen the worst of a market and could easily recognize positive signs of improvements. But some readers doubted that, which prompted me to respond, giving a veteran's point of view. As an agent of 23 years, and the no. 2 selling agent in my office for most of those years, consider my perspective on this question. I have seen both the good and bad markets over that time, and I would hope that experience is what…
In this Article:
Craig
10:30 pm on Monday, March 5, 2012
I agree. Lets not forget the existing home sales are at fire sale prices. Very little sales[wo]manship is needed when you are giving something away! Many of these are bank owned homes, and banks are sick of paying the utilities, snow removal, hazard insurance, and repairs on these houses. They are finally willing to drop the price to dump the dumps. more ›